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Clay Craft India SME IPO

Clay Craft India came to market through an SME IPO that opened on 17 June 2026 and closed on 19 June 2026, and the shares listed on 24 June 2026 on NSE SME. The price band was ₹193 to ₹203 per share and one lot was 600 shares, so the minimum application was ₹1,21,800. The issue size was ₹110.11 crore. The whole issue was fresh shares, so the money raised went to the company.

Kfin Technologies Limited was the registrar to the issue, and Hem Securities Limited was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹193 to ₹203
Lot size
600 shares
Minimum investment
₹1,21,800
Face value
₹10 per share
Issue size
₹110.11 crore
Fresh issue
54,24,000 shares (aggregating up to ₹110.11 crore)
Listing at
NSE SME
Registrar
Kfin Technologies Limited
Lead managers
Hem Securities Limited
Promoter holding before the issue
100%
Promoter holding after the issue
73.63%

Timeline

Opens
17 June 2026
Closes
19 June 2026
Allotment
22 June 2026
Listing
24 June 2026

Subscription status by day

As of 19 June 2026.

Day
1
2
3

About Clay Craft India

Founded on July 30, 1994, Clay Craft India Ltd. is producers of bone china crockery and ceramic dinnerware. Their products include dinner items such as plates, cups, saucers, mugs, and many more kitchen items which are extensively used in households, hotels, and corporate gift purposes. Their reputation includes innovative design, durability, and finish in their product line.

They offer personalized ceramic solutions for corporate and institutional customers according to their demands and have made a product range for their HoReCa (Hospitality, Restaurant and Catering) sector.Up till March 31, 2025, their stock keeping unit (SKU) count has been estimated at approximately 6,270 in various product categories and under several brand names. Products: Dinnerware Mugs Platters & Accessories Tea & Coffee service sets Other Products Up till September 02, 2025, their employee count stands at more than 1,239 people.

As described in the offer document.

Objects of the issue

  • To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan - ₹97.00 Cr.
  • General corporate purposes

Financials (₹ crore)

Metric31-Mar-2631-Mar-2531-Mar-2431-Mar-23

Anchor investors

Shares
15,43,800

Clay Craft India Limited finalised its anchor investor allocation on June 16, 2026, raising ₹31.34 crore from 18 institutional investors at an anchor price of ₹203 per share, including a share premium of ₹193. The anchor book comprises 15,43,800 equity shares allocated across a diverse set of non-mutual fund institutional investors. Motilal Oswal Finvest Limited, Sanshi Fund-I, and Shubhkam Ventures I Pvt Ltd each received the highest allocation of 15.62%, collectively accounting for nearly half the anchor book.

Notable participants also include SIDBI, Navbharat Investment Trust, Tiger Strategies Fund-I, and Finavenue Growth Fund, among others.

Promoters

Rajesh Narain Agarwal, Vikas Agarwal, Bharat Agarwal, Deepak Agarwal. Promoter holding 100% before the issue and 73.63% after.

Application sizes

Individual (min)
2 lots, 1200 shares, ₹2,43,600
Individual(max)
2 lots, 1200 shares, ₹2,43,600
sHNI(min)
3 lots, 1800 shares, ₹3,65,400
sHNI(max)
8 lots, 4800 shares, ₹9,74,400
bHNI(min)
9 lots, 5400 shares, ₹10,96,200

Valuation

EPS Pre IPO
₹17.84
EPS Post IPO
₹13.13
P/E Pre IPO
11.38
P/E Post IPO
15.46
ROE
17.71%
ROCE
18.26%
RoNW
16.27%
PAT Margin
15.02%
Debt/Equity
0.30
Price/Book
1.85
Market Cap
₹417.58 Cr

Registrar and allotment status

Registrar
Kfin Technologies Limited
Allotment status
https://ipostatus.kfintech.com/
Phone
04067162222, 04079611000
Email
claycraft.ipo@kfintech.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Clay Craft India SME IPO

What is Clay Craft India IPO?

Clay Craft India IPO was a ₹110.11 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹193–₹203 per share with a lot size of 600 shares; the minimum retail application was 1,200 shares (₹2,43,600). The IPO was open from June 17 to June 19, 2026 and was subscribed 103.14x. Shares listed on NSE SME on June 24, 2026 at ₹211, a 3.9% premium to the issue price of ₹203. Kfin Technologies Limited is the registrar.

Hem Securities Limited is the book running lead manager.

What is the price band of Clay Craft India IPO?

The price band of Clay Craft India IPO is ₹193 to ₹203 per share.

What is the lot size of Clay Craft India IPO?

The lot size of Clay Craft India IPO is 600 shares.

What is the minimum investment for Clay Craft India IPO?

The minimum investment for Clay Craft India IPO is approximately ₹2,43,600 based on the upper price band.

What is the allotment date of Clay Craft India IPO?

The allotment date of Clay Craft India IPO is Jun 22, 2026.

What was the GMP of Clay Craft India IPO before listing?

Clay Craft India IPO's final recorded GMP before listing was ₹31 per share (a 15% premium over the ₹203 upper price band). The shares listed at ₹211. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Clay Craft India IPO allotment status?

You can check Clay Craft India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Clay Craft India IPO allotment status on Rupix for quick and easy access.

What was the price band of the Clay Craft India SME IPO?

₹193 to ₹203 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Clay Craft India SME IPO?

One lot was 600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,21,800. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Clay Craft India SME IPO?

₹1,21,800, for one lot of 600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Clay Craft India SME IPO open and close?

It opened on 17 June 2026 and closed on 19 June 2026.

When was the allotment of the Clay Craft India SME IPO?

The basis of allotment was published on 22 June 2026 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.

When did Clay Craft India list on NSE SME?

The shares listed on 24 June 2026 on NSE SME.

How large was the Clay Craft India SME IPO?

The issue size was ₹110.11 crore. The fresh issue was 54,24,000 shares (aggregating up to ₹110.11 crore).